Asian Economy

Northeast Asia's development success story conceals a threadbare reality

Very little can be described as reorganised and efficient in Japanese agriculture. Photo: Bloomberg

Mr Studwell apparently argues that South Korea, Taiwan and Japan did just fine by telling the World Bank to get lost and instead reorganising their agricultural sectors, picking industrial winners to support and then manipulating their financial systems to ensure that these chosen favourites had all the money they needed.

Sunday, 16 June, 2013, 2:25am 4 comments

Asian central banks seen entering currency markets if Fed tapers off

High levels of debt in Asia mean the region's central banks are unlikely to raise rates to counteract currency depreciation. Photo: Reuters

Asia's central banks are likely to use heavy currency intervention as their weapon of choice in dealing with regional market turbulence but high debt levels will make them more reluctant than in the past to raise interest rates if tensions escalate.

15 Jun 2013 - 3:29am

To get rich, poor states must ignore the Washington rule book

Playing catch-up

The line of latitude at 20 degrees north neatly bisects East Asia. Skirting Thailand's northern border, and passing eastward between the Philippines and Taiwan, it divides the region into two distinct economic zones.

13 Jun 2013 - 6:49am 12 comments

Americans ill-served by the blinkered view of US dominance

Americans ill-served by the blinkered view of US dominance

The time has come to think the unthinkable: the era of American dominance in international affairs may well be coming to an end. As that moment approaches, the main question will be how well the US is prepared for it.

29 May 2013 - 6:16am 12 comments

Foreign companies lured by growth in Asean office market

Rental growth in Shanghai slowed in the first quarter.

International occupiers have shifted their focus from the mainland to the Asean office markets, lured by better economic growth and lower costs, according to property consultant DTZ.

15 May 2013 - 3:06am

Asian economies are looking up

Asian economies are looking up. Photo: Sam Tsang

The global economy shows signs of improving as major tail risks emanating from Europe and the US recede. This also brightens the prospects for Asia.

8 May 2013 - 3:19am